Just over 23% of US Gulf oil, 34% of offshore natgas output remains shut in

Author: Adam Yanelli

2021/09/17

HOUSTON (ICIS)--Just over 23% of the US Gulf’s oil production and 34% of natural gas output remained shut in as of Friday, the US Bureau of Safety and Environmental Enforcement said.

The following table shows the number of platforms and rigs evacuated, including the total of oil and natural gas that has been shut in.

Total %
Platforms evacuated 41 7.3
Rigs evacuated 0 0
Oil shut in (bbl/day) 422,078 23.19
Gas shut in (bcf/day) 765.54 34.43

Oil and gas supply in the US Gulf has continued to slowly recover after Hurricane Ida hit Louisiana more than two weeks ago.

The percentage of oil and gas production that is still shut in has decreased slightly from the previous day.

Offshore oil wells account for 17% of the nation's crude production, according to the Energy Information Administration (EIA).

The EIA said federal Gulf of Mexico production is about 3% of total US dry natural gas production.

Shell continues to assess the damage to its West Delta-143 facility. These facilities serve as the transfer station for all production from Shell-operated assets in the Mars corridor in the Gulf of Mexico to onshore crude and natural gas terminals.

Its Appomattox, Enchilada/Salsa and Auger assets continue to ramp up production. Its Mars, Ursa and Olympus assets remain shut in.

In contrast, pipeline companies impacted by Hurricane Nicholas have been able to restore service after the storm passed through Texas earlier this week.

Ports in the Texas Gulf Coast and southwestern Louisiana region have reopened.

The damage from both storms could likely see output and refinery throughput impacted for several more sessions.

On Tuesday, the US Energy Information Administration (EIA) revised down their Q3 2021 oil demand figure by 200,000 bbl/day.